what are the limitations to the balanced scorecard?

Answer 1

Some pitfalls of the Balanced Score include the amount of time needed to implement the project. Often there is a large number of goals for the organization and it may be necessary to make a substantial time investment in order to implement the project.

Once implemented there is an additional outlay of time required from all persons in the organization who are needed to collect the proper data. Even a well-designed Balanced Scorecard will fail if there is lack of participation from management and/or staff personnel.

Selecting too many measures can also cause a Balance Scorecard project to fail. Defining the organizations measures is a very difficult task. There is much room for error as in many cases the measures chosen are subjective and difficult to track. The organization must remember to choose measures that can be linked to defined outcomes.

Answer 2

There are none , providing targets are documented for the year based on your strategic direction and your personal targets are linked to these targets.